We’re excited to announce that Scott Reynolds is joining Aalo Atomics as our new fractional Vice President of Finance, bringing a wealth of knowledge and experience in the intersection of clean energy and finance. Scott’s journey spans decades of leadership, innovation, and success in the sector, and we’re thrilled to have him on board as we continue to grow.

Scott’s success at Bloom Energy

Scott started his career in investment banking at Morgan Stanley, where he raised private debt capital for clients, including power projects, IPPs and other infrastructure projects. However, his true passion for sustainability led him to join the early startup team at Bloom Energy, where he played a critical role in growing the company to over $1bn in revenues and securing blue chip customers such as Google and AWS, and securing billions in financing from top tier investors such as Wells Fargo, Bank of America, and Southern Company. "When I joined Bloom, the team was still building the first prototype," Scott recalls. "Through teamwork, customer-centricity, and overcoming huge challenges, we were able to sign billions of dollars in offtake agreements which helped us grow Bloom at a 30%+ growth rate over a decade". Bloom has been one of a small list of clean tech success stories, turning an innovation originally pioneered for NASA’s first planned mission to Mars into a very successful commercial product that enabled an IPO in 2018.

Plans for Aalo

At Aalo, Scott will take on a key role in developing the detailed long-term strategy for Aalo to become a profitable and highly valued company, bringing his experience at Bloom to help guide the company through its next growth phase. He’ll be instrumental in shaping the structure of our venture capital fundraising, and building the financial framework for our technology's long-term success. "My focus is on ensuring Aalo will be well positioned to become a key part of the energy transition, by ensuring our advanced Aalo-1 reactor will integrate well into the next generation of zero carbon power projects that the world so urgently needs", Scott said. His deep expertise in project finance is particularly crucial, as he’ll help us package Aalo's unique value into a commercial product that can attract billions in infrastructure capital searching for zero carbon power projects that offer attractive returns with well mitigated risks.

One of the things that drew Scott to Aalo was the significant progress the team has already made. "As I looked at the landscape of exciting companies, Aalo stood out because of the combination of high potential and strong execution. The team has accomplished so much in such a short time", Scott explained. His belief in our mission, combined with his track record of driving billion-dollar growth, positions him as a key figure in our journey forward.

With Scott’s experience and vision, we’re confident that Aalo is set to make even bigger waves in the nuclear energy space. His passion for sustainability and proven ability to turn innovative ideas into commercial enterprises makes him a perfect fit for our leadership team.

We’re thrilled to have Scott on board, and we can’t wait to see how he helps us shape the future of clean energy. Welcome to Aalo, Scott!

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